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2017-621 AMS - 401 Valley Forge Road Lease Modification
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2017-621 AMS - 401 Valley Forge Road Lease Modification
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Entry Properties
Last modified
6/11/2018 2:03:33 PM
Creation date
1/29/2018 10:51:12 AM
Metadata
Fields
Template:
Contract
Date
9/19/2017
Contract Starting Date
9/19/2017
Contract Ending Date
9/30/2027
Contract Document Type
Lease
Agenda Item
9/19/17; 8-d
Amount
$294,000.00
Document Relationships
2017-543 AMS - Builders FirstSource - Atlantic Group, LLC - Lease Agreement Modification
(Message)
Path:
\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2010's\2017
Agenda - 09-19-2017 - 8-d - 401 Valley Forge Road Property Lease Modification – Builders FirstSource
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2010's\2017\Agenda - 09-19-2017 - Regular Mtg.
R 2017-621 AMS - 401 Valley Forge Road Lease Modification
(Attachment)
Path:
\Board of County Commissioners\Contracts and Agreements\Contract Routing Sheets\Routing Sheets\2017
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2. The expiration date of the Lease shall be September 30, 2027. <br />3. The Rent for the premises for the Lease period shall be as follows: <br />Monthly: $24,500 Annually: $294,000 Full Term:$2,940,000 <br />4. Subject to County approval the Tenant will have the right to execute two (2) consecutive <br />renewal options for a Term of five (5) years each for consideration to be mutually agreed upon <br />by the County and the Tenant at a time preceding the contemplated renewal period: <br />Renewal option one (1): October 1, 2027 — September 30, 2032 <br />Renewal option two (2): October 1, 2032 — September 30, 2037 <br />5. The Tenant will ensure a facility roof replacement is completed no later than September 30, <br />2020 in accordance with the Lease. Specifications for the roof replacement will be reviewed and <br />approved by the County prior to replacement; approval will not be unreasonably withheld. <br />6. In all other respects said Lease Agreement shall remain in full force and effect unchanged and <br />shall not be altered in any way by this modification. <br />[SIGNATURE PAGE TO FOLLOW] <br />
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